Balance Sheet
It is a snapshot of a company’s financial position at a specific point in time. It lists assets, liabilities, and owner’s equity, following the formula: Assets = Liabilities + Equity. The balance sheet shows what a business owns and owes, and how much is invested by owners.
More Items
Book Closure
A temporary suspension period during which a company’s share transfer books are closed. It determines eligible shareholders for dividends, rights…
Bank Draft
A payment instrument issued by a bank guaranteeing payment to a specified party. It is commonly used for secure transactions…
Bank Guarantee
Bank guarantee is a promise issued by a bank ensuring that a debtor’s obligations will be met if they default.…
This website uses cookies to improve your experience. You can accept all or reject non-essential cookies.